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Instructure Holdings (Instructure Holdings) EBIT : $2.6 Mil (TTM As of Mar. 2024)


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What is Instructure Holdings EBIT?

Instructure Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-5.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Instructure Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -0.75%. Instructure Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -96.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Instructure Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.06%.


Instructure Holdings EBIT Historical Data

The historical data trend for Instructure Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Instructure Holdings EBIT Chart

Instructure Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -84.42 - -72.04 -17.78 3.69

Instructure Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.50 -1.36 3.47 6.07 -5.60

Competitive Comparison of Instructure Holdings's EBIT

For the Software - Application subindustry, Instructure Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Instructure Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Instructure Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Instructure Holdings's EV-to-EBIT falls into.



Instructure Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Instructure Holdings  (NYSE:INST) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Instructure Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-24.32 * ( 1 - 25.07% )/( (2022.464 + 2807.255)/ 2 )
=-18.222976/2414.8595
=-0.75 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2157.978 - 47.349 - ( 341.047 - max(0, 350.659 - 438.824+341.047))
=2022.464

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2791.479 - 46.349 - ( 83.015 - max(0, 288.262 - 226.137+83.015))
=2807.255

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Instructure Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-22.384/( ( (22.481 + max(-241.356, 0)) + (24.105 + max(-131.688, 0)) )/ 2 )
=-22.384/( ( 22.481 + 24.105 )/ 2 )
=-22.384/23.293
=-96.10 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.193 + 0 + 30.584) - (47.349 + 291.784 + 0)
=-241.356

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.273 + 0 + 90.849) - (46.349 + 223.175 + 5.286)
=-131.688

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Instructure Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2.589/4291.816
=0.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Instructure Holdings EBIT Related Terms

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Instructure Holdings (Instructure Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6330 South 3000 East, Suite 700, Salt Lake City, UT, USA, 84121
Instructure Holdings Inc is an education technology company dedicated towards helping everyone learn together. it amplify the power of teaching and elevate the learning process, leading to improved student outcomes. The company supports more than 30 million educators and learners at more than 6,000 organizations around the world.
Executives
Matthew Kaminer officer: See remarks 1100 PARK PLACE, SUITE 300, SAN MATEO CA 94403
Benson Michael Lee Jr. officer: Chief Product Officer 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Erik Akopiantz director 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
John Charles Goodman director 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
Stephen M. Daly director, officer: Chief Executive Officer 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Chris F Ball officer: See Remarks 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Melissa J. Loble officer: See Remarks 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Lloyd G Waterhouse director
Thoma Bravo Fund Xiii, L.p. 10 percent owner 150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Thoma Bravo Executive Fund Xiii, L.p. 10 percent owner 150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Thoma Bravo Fund Xiii-a, L.p. 10 percent owner 150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Ossa Fisher director 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
James R. Hutter director 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
Dale E. Bowen officer: Chief Financial Officer 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Frank Daniel Maylett officer: Chief Revenue Officer 7730 S. UNION PARK AVE, SUITE 500, MIDVALE UT 84047